The US Manheim Used Vehicle Value Index increased 0.8% month-over-month in February 2026, following a 2.4% jump in January. Prices for EVs rose 0.8% and non-EVs went up 0.9%. Year-on-year, prices of used cars increased rose 4%, the biggest annual gain since June last year. Prices for the luxury segment increased 4.1%, SUVs went up 2% and midsize cars gained 1.3% while compact cars (0.6%) and pickups (0.8%) continue to see relatively weak price growth compared to this time last year. Prices for EVs rose 1.8% and non-EVs went up 3.7%. “We had planned for a stronger January from a pricing perspective, but wholesale values moved even faster than we expected on the back of strong retail demand, driving the MUVVI to its highest reading since September 2023. With tax refund season officially starting last week, we are expecting that more consumers will be getting refunds – and that the size of those refunds will hit a new record”, Jeremy Robb, Chief Economist at Cox Automotive said. source: Manheim Consulting Inc.

Used Car Prices MoM in the United States decreased to 0.80 percent in February from 2.40 percent in January of 2026. Used Car Prices MoM in the United States averaged 0.23 percent from 1997 until 2026, reaching an all time high of 9.20 percent in October of 2021 and a record low of -11.40 percent in April of 2020. This page includes a chart with historical data for the United States Used Car Prices MoM. United States Used Car Prices MoM - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

Related	Last	Previous	Unit	Reference
Car Production	10.23	10.18	Million Units	Feb 2026
Car Registrations	200.00	190.50	Thousand	Feb 2026
Inflation Rate YoY	2.40	2.40	percent	Feb 2026
Inflation Rate MoM	0.30	0.20	percent	Feb 2026
Total Vehicle Sales	15.80	14.90	Million	Feb 2026
Used Car Prices MoM	0.80	2.40	percent	Feb 2026
Used Car Prices YoY	4.00	2.40	percent	Feb 2026

United States Used Car Prices MoM

The Manheim Used Vehicle Value Index is a measure of used vehicle prices in the US which fall into one of the 20 market classes (i.e., excludes heavy trucks, motorcycles, etc). Manheim applies statistical analysis to its database of more than 5 million used vehicle transactions annually. The per-mile adjustment is based on a simple linear regression for price and miles for each market class based on data for the current month The Index is weighted based on a 24-month rolling average of past sales by market class.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	0.80	2.40	9.20	-11.40	1997 - 2026	percent	Monthly	SA

News Stream

Used Car Prices in the US Continue to Rise

The US Manheim Used Vehicle Value Index increased 0.8% month-over-month in February 2026, following a 2.4% jump in January. Prices for EVs rose 0.8% and non-EVs went up 0.9%. Year-on-year, prices of used cars increased rose 4%, the biggest annual gain since June last year. Prices for the luxury segment increased 4.1%, SUVs went up 2% and midsize cars gained 1.3% while compact cars (0.6%) and pickups (0.8%) continue to see relatively weak price growth compared to this time last year. Prices for EVs rose 1.8% and non-EVs went up 3.7%. “We had planned for a stronger January from a pricing perspective, but wholesale values moved even faster than we expected on the back of strong retail demand, driving the MUVVI to its highest reading since September 2023. With tax refund season officially starting last week, we are expecting that more consumers will be getting refunds – and that the size of those refunds will hit a new record”, Jeremy Robb, Chief Economist at Cox Automotive said.

2026-03-06

Used Car Prices in the US Rise the Most in 9 Months

The US Manheim Used Vehicle Value Index jumped 2.4% month-over-month in January 2026, the most since April last year, compared to a 0.1% gain in the previous month. EV prices increased 0.4% from December and Non-EV went up 2.2%. “We had planned for a stronger January from a pricing perspective, but wholesale values moved even faster than we expected on the back of strong retail demand, driving the MUVVI to its highest reading since September 2023. With tax refund season officially starting last week, we are expecting that more consumers will be getting refunds – and that the size of those refunds will hit a new record. Those factors should help consumers punch the ticket on some big-ticket purchases”, according to Jeremy Robb, Chief Economist, Cox Automotive. Year-on-year, used car prices also increased 2.4%, led by the luxury segment (1.6%) and non-electric vehicles (2.2%), while compact cars posted a 0.2% decline. Prices for EVs increased 0.8%.

2026-02-06

US Used Car Prices Rise for Second Month

The US Manheim Used Vehicle Value Index increased 0.1% mom in December 2025, following a 1.3% rise in November. Non-EV prices were up 0.1% while the EV segment fell 0.1%. Year-on-year, prices for used vehicle sales rose 0.4%. Prices for the luxury segment went up 1.8% to outperform the overall market again, as it is more influenced by higher EV prices. Compact (-5.3%), midsize cars (-2.3%) and pickups (-3.4%) continue to see large declines compared to last year. “At Manheim, the year ended with days’ supply rising over the month, as is seasonally normal during the year-end holiday period. As we move into 2026, a few positive indicators are emerging: New and used auto loan rates have fallen to the lowest level in a year, and consumers will soon see increased tax refunds hit their wallets. As this plays out, we are expecting to see stronger demand in the auto market as the year gets underway.”, Jeremy Robb, Cox Automotive said.

2026-01-08